NasdaqCM:MEET

Stock Analysis Report

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Executive Summary

The Meet Group, Inc. operates a portfolio of mobile social entertainment applications to meet the need for human connection worldwide.


Snowflake Analysis

Undervalued with solid track record.


Similar Companies

Share Price & News

How has Meet Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MEET has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.6%

MEET

1.5%

US Interactive Media and Services

0.7%

US Market


1 Year Return

83.2%

MEET

33.0%

US Interactive Media and Services

20.1%

US Market

Return vs Industry: MEET exceeded the US Interactive Media and Services industry which returned 31% over the past year.

Return vs Market: MEET exceeded the US Market which returned 17.1% over the past year.


Shareholder returns

MEETIndustryMarket
7 Day-0.6%1.5%0.7%
30 Day-0.2%2.9%6.4%
90 Day0.5%17.3%20.1%
1 Year83.2%83.2%33.1%33.0%22.6%20.1%
3 Year75.0%75.0%47.8%47.6%45.1%35.7%
5 Year289.4%289.4%122.6%122.1%79.7%60.3%

Price Volatility Vs. Market

How volatile is Meet Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Meet Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MEET ($6.23) is trading below our estimate of fair value ($14.26)

Significantly Below Fair Value: MEET is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MEET is good value based on its PE Ratio (28.4x) compared to the US Interactive Media and Services industry average (32.3x).

PE vs Market: MEET is poor value based on its PE Ratio (28.4x) compared to the US market (19.1x).


Price to Earnings Growth Ratio

PEG Ratio: MEET is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: MEET is good value based on its PB Ratio (2.1x) compared to the US Interactive Media and Services industry average (2.2x).


Next Steps

Future Growth

How is Meet Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

32.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MEET's forecast earnings growth (32.5% per year) is above the savings rate (2.2%).

Earnings vs Market: MEET's earnings (32.5% per year) are forecast to grow faster than the US market (24.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MEET's revenue (9.2% per year) is forecast to grow slower than the US market (9.4% per year).

High Growth Revenue: MEET's revenue (9.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MEET's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Meet Group performed over the past 5 years?

-17.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MEET has high quality earnings.

Growing Profit Margin: MEET's current net profit margins (6.2%) are higher than last year (4.5%).


Past Earnings Growth Analysis

Earnings Trend: MEET has become profitable over the past 5 years, growing earnings by -17.1% per year.

Accelerating Growth: MEET's earnings growth over the past year (74.6%) exceeds its 5-year average (-17.1% per year).

Earnings vs Industry: MEET earnings growth over the past year (74.6%) exceeded the Interactive Media and Services industry -22.8%.


Return on Equity

High ROE: MEET's Return on Equity (7.4%) is considered low.


Next Steps

Financial Health

How is Meet Group's financial position?


Financial Position Analysis

Short Term Liabilities: MEET's short term assets ($87.3M) exceed its short term liabilities ($43.1M).

Long Term Liabilities: MEET's short term assets ($87.3M) exceed its long term liabilities ($36.5M).


Debt to Equity History and Analysis

Debt Level: MEET's debt to equity ratio (15.5%) is considered satisfactory.

Reducing Debt: MEET's debt to equity ratio has increased from 1.8% to 15.5% over the past 5 years.

Debt Coverage: MEET's debt is well covered by operating cash flow (135.6%).

Interest Coverage: MEET's interest payments on its debt are well covered by EBIT (19x coverage).


Balance Sheet


Next Steps

Dividend

What is Meet Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MEET's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MEET's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MEET's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MEET's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MEET's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average management tenure


CEO

Geoff Cook (41 yo)

7.42yrs

Tenure

US$3,090,737

Compensation

Mr. Geoffrey Cook, also known as Geoff, has been the Chief Executive Officer of The Meet Group, Inc. March 11, 2013. Mr. Cook is the Founder of CyberEdit, Inc. and serves as its President. He serves as the ...


CEO Compensation Analysis

Compensation vs Market: Geoff 's total compensation ($USD3.09M) is above average for companies of similar size in the US market ($USD2.03M).

Compensation vs Earnings: Geoff 's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Geoffrey Cook
CEO & Director7.42yrsUS$3.09m1.2%
$ 5.4m
James Bugden
Chief Financial Officer2.75yrsUS$1.32m0.31%
$ 1.4m
Frederic Beckley
General Counsel & Executive VP of Business Affairs8.75yrsUS$1.32m0.31%
$ 1.4m
Michael Johnson
Senior Vice President of Strategic Planning & Treasury1yrUS$567.15k0.080%
$ 362.2k
Jaime Woodside
Senior Vice President of Finance & Accounting1yrno datano data
Leslie Arena
Vice President of Investor Relations3.58yrsno datano data
Blake Kuhre
Senior Vice President of Corporate Development0.58yrno datano data
Richard Friedman
Senior Vice President of Engineering3.5yrsUS$749.61kno data
Jeremy Zorn
Senior Vice President of Product2.33yrsno datano data
Nick Hermansader
Senior Vice President of Advertising2.58yrsno datano data
Don Eyer
Vice President of Safety Operations8.75yrsno datano data
Michael Nicklas
9.5yrsno datano data

3.1yrs

Average Tenure

49yo

Average Age

Experienced Management: MEET's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Geoffrey Cook
CEO & Director7.42yrsUS$3.09m1.2%
$ 5.4m
Jean Clifton
Independent Director7.17yrsUS$135.54k0.095%
$ 432.8k
Bedi Singh
Independent Director2.92yrsUS$132.54k0.067%
$ 305.6k
Keith Richman
Independent Director0.67yrUS$117.26kno data
Jason Whitt
Independent Director6yrsUS$123.54k0.078%
$ 352.7k
Christopher Fralic
Independent Director3.5yrsUS$125.04k0.038%
$ 171.6k
Spencer Rhodes
Independent Non-Executive Chairman of the Board4.08yrsUS$161.04k0.14%
$ 616.6k

4.1yrs

Average Tenure

48yo

Average Age

Experienced Board: MEET's board of directors are considered experienced (4.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MEET insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

The Meet Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Meet Group, Inc.
  • Ticker: MEET
  • Exchange: NasdaqCM
  • Founded: 1997
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: US$453.885m
  • Shares outstanding: 72.85m
  • Website: https://www.themeetgroup.com

Number of Employees


Location

  • The Meet Group, Inc.
  • 100 Union Square Drive
  • New Hope
  • Pennsylvania
  • 18938
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MEETNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDJun 1999
Q86DB (Deutsche Boerse AG)YesCommon StockDEEURJun 1999
0K0BLSE (London Stock Exchange)YesCommon StockGBUSDJun 1999

Biography

The Meet Group, Inc. operates a portfolio of mobile social entertainment applications to meet the need for human connection worldwide. The company leverages a live-streaming video platform, empowering comm ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/13 00:10
End of Day Share Price2020/08/12 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.